Scania AB, the Swedish truckmaker controlled by Volkswagen AG, asked shareholders to wait for a board committee’s review before accepting the German car manufacturer’s offer to buy the rest of the company.
European stocks were little changed, after two days of gains, as a measure of German investor confidence fell more than forecast and the Federal Reserve Bank of New York’s general economic index missed estimates.
European Union competition regulators said they closed a probe into the sugar industry, a day after Suedzucker AG, Nordzucker AG and Pfeifer & Langen were fined by Germany’s antitrust agency for price-fixing.
Italy’s government bonds rose, with 10-year yields dropping to the lowest level since 2006, as Prime-Minister-designate Matteo Renzi started talks with party leaders in an attempt to win support for his political program.
Apple Inc.’s chances of defeating a 1.57 billion-euro ($2.2 billion) lawsuit in Germany depend on whether an IPCom GmbH patent protects a technology using one or three bits for coding software used in wireless networks.